SPRING LAKE HILLS in ALTAMONTE SPRINGS

SPRING LAKE HILLS
Homes for Sale in ALTAMONTE SPRINGS, FL

Community in ALTAMONTE SPRINGS · Seminole County · ZIP 32714
484 homesBuilt 1970–2022Median sale $691K
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Live Market Pulse
46/100
Market Heat
Near its long-run normal
2013 → 2026 · 74 at the 2022 peak
0 is SPRING LAKE HILLS's coldest market since 2013, 100 its hottest. Today: 46. How it's scored
Built fromLive Stellar MLS data22 years of closingsFL DOR public recordsUpdated twice daily
Live · SPRING LAKE HILLS Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$691K
Median sold · 12 mo
down 12.0% vs the prior 12 months
-12.0%
1-yr price change
n = 13 and 5 sales in the two windows
$277/sf
Sold $/sqft · 12 mo
peak $277 in 2026
94.4%
Sale vs ask
Tempo
3.4mo
Supply
3 to 6 months is the balanced band
46days
Median DOM · closed
12 days at the 2022 low
0%
Under contract
Seminole: 30% (662 of 2,236)
4 · 0
For sale · pending
live counts, refreshed twice daily
13
Sold · last 12 mo
10-yr average: about 6 a year
Ownership and context
55%
Owner-occupied · SPRING LAKE HILLS
267 of 484 parcels homesteaded (FL DOR 2025)
45%
Non-owner-occupied · SPRING LAKE HILLS
incl. 21% trust or LLC-held · 6% out-of-state
0%
Cash buyers · SPRING LAKE HILLS
0 of 13 sales, 12 mo ending June 2026
484
Homes in the community
484 residential parcels (FL DOR 2025)
Track record · 22 years of records
Est. 1970
Community established
homes built 1970-2022, median 1973 (FL DOR 2025)
1
Failed listings · 2026
peaked at 15 in 2006
2,343sqft
Median sold home size
12-mo windows, closed sales
2.7%/yr
Turnover rate
about 13 of 484 homes trade a year
SPRING LAKE HILLS Housing Pulse · Momentum Research · as of August 2, 2026

SPRING LAKE HILLS right now

🟡 Balanced market. 3.4 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of August 2, 2026. Confidence: High (4 active and pending listings, 13 closed sales in 12 months).

🔴 Off the recent peak. The trailing-12-month median ($691K) is down 12.0% from the prior 12 months ($785K). With about 6 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending August 2. Confidence: Low (13 and 5 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated August 2, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

SPRING LAKE HILLS market snapshot (as of August 2, 2026): the median sale price is about $691K ($277 per sq ft over the trailing 12 months of closed sales), a median 46 days on market for closed sales, and 3.4 months of supply, a balanced market. The trailing-12-month median is down 12% from the prior 12 months, computed from record-level Stellar MLS closed sales (13 closings in the current window).

SPRING LAKE HILLS is a community of 484 homes in ALTAMONTE SPRINGS, Seminole County, built between 1970 and 2022 (median 1973), with a median living area of about 1,112 square feet. 55% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 1 to 15 sales each (13 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2004 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$400K$600K$800K20122014201620182020202220242026
Down 12.0% year over year.
Every sale since 2004 · price vs size
$0$500K$1M2k3k4k
127 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$20020122014201620182020202220242026
Up from $94 in 2012 to a $277 peak in 2026; $277 now.
Median days on market · closed sales
05010020122014201620182020202220242026
12 days at the 2022 low; 46 now.
Sale price vs original ask · median
90%95%20122014201620182020202220242026
94.4% now.
Homes sold per 12-mo window
05101520122014201620182020202220242026
1 to 15 a year; 13 in the current window.
Sellers who gave up · failed listings per year
0510152004200820122016202020242026
Canceled, expired, or withdrawn. 15 quit in 2006; 1 so far in 2026. The clearest stress gauge a community has.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning20142016202220242026
74 at the 2022 peak, 32 in the troughs, 46 now. Same score as the hero card, full history.

SPRING LAKE HILLS Market Scorecard

Balanced

SPRING LAKE HILLS is currently a balanced market. About 4.3 months of supply, a median asking price of $839,000, and homes go under contract in about 7 days.

4.3
Months supply
$839,000
Median list
$695,000
Median sold
$302
Per sqft
7
Days on mkt
5/0/14
Active/Pend/Sold

Go deeper: county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in SPRING LAKE HILLS, ALTAMONTE SPRINGS

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 21 listings
Distress share trend — 0.0% now (2026-08-12 → 2026-08-24)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.

Homes For Sale Right Now in SPRING LAKE HILLS

Live MLS inventory for SPRING LAKE HILLS. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending SPRING LAKE HILLS listings as of 2026-08-23, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2004 through 2026. Tap any home to ask about it.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

Schools

In short
  • Seminole County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Spring Lake Elementary · Elementary
  • Milwee Middle · Middle
  • Lyman High · High

Zoned schools reflect the assignments reported on recent SPRING LAKE HILLS listings and can change; always confirm with Seminole County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any SPRING LAKE HILLS address.

Recent Developments in Spring Lake Hills

Development, infrastructure, retail, and school activity affecting Spring Lake Hills, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

Dev Momentum22/100 · Quiet
  1. July 2026
    Retail & Dining

    Seminole Towne Center set for 700 million dollar redevelopment with Costco

    Ardent Companies is redeveloping the Seminole Towne Center in Sanford in a project valued around 700 million dollars, described as the largest commercial redevelopment in Seminole County history. Plans include the largest Costco in Central Florida at over 156,000 square feet, about 300 apartments, and new retail. Demolition was scheduled for July 2026 with the Costco expected to open in early 2027.

    What it may mean for the marketConverts a long dormant mall site into a mixed use center anchored by a large format Costco, new retail, and about 300 apartments, reshaping a major Seminole County commercial node. The project is about 12 miles north of Spring Lake Hills, elsewhere in Seminole County.

    Source: WFTV
  2. October 2025
    Retail & Dining

    New Apopka complex with restaurants and offices set to open in 2026

    A new commercial complex in Apopka with restaurants and office space is set to open in 2026, adding retail and workplace space in northwest metro Orlando.

    What it may mean for the marketNew retail and office space in Apopka adds everyday conveniences and local jobs, amenity and employment factors that can support nearby housing demand. The site is about 7 miles west of Spring Lake Hills.

    Source: GrowthSpotter

Development alerts for Spring Lake HillsGet a short monthly email when something new is approved, funded, or opens near Spring Lake Hills.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in SPRING LAKE HILLS today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in SPRING LAKE HILLS.

A closer look at the SPRING LAKE HILLS market

At a median of $277 per square foot, SPRING LAKE HILLS prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

Inventory runs at 3.4 months of supply, a balanced market and the trailing-12-month median down 12% year over year. Homes that do trade take a median 46 days on market, useful leverage on any listing that has lingered.

The housing stock is 484 homes built between 1970 and 2022, and 55% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

The location and the amenities are priced into every listing in SPRING LAKE HILLS. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
5.4C · Buy Score
Recent Direction3.0/10
Liquidity & Demand6.6/10
Owner Commitment5.5/10
Pricing Power6.3/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (5.4). Basis: Recent Direction -12.0% year-over-year; Liquidity & Demand 3.4 months of supply; Owner Commitment 55% owner-occupied; Pricing Power 94.4% sale-to-list. Refreshed with each data update.

HOA, CDD & Fees

In short
  • Mandatory HOA. Confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed SPRING LAKE HILLS sales matched to your home.

What is your SPRING LAKE HILLS home worth?

Get a no-obligation home value based on real comparable sales in SPRING LAKE HILLS, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in SPRING LAKE HILLS on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in SPRING LAKE HILLS?
The median sale price in SPRING LAKE HILLS was $691K over the 12 months ending August 2, 2026 (13 closed sales, Stellar MLS).
How long do homes in SPRING LAKE HILLS take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 46 days on market (13 sales, Stellar MLS).
Is SPRING LAKE HILLS a buyer's or seller's market right now?
As of August 2, 2026, SPRING LAKE HILLS is roughly balanced: 3.4 months of supply at the current sales pace (Stellar MLS live counts).
How many homes are in SPRING LAKE HILLS?
The Florida DOR 2025 assessment roll shows 484 homes in SPRING LAKE HILLS (public records).
What share of SPRING LAKE HILLS is owner-occupied?
55% of SPRING LAKE HILLS parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in SPRING LAKE HILLS built?
Homes in SPRING LAKE HILLS were built between 1970 and 2022, with a median year built of 1973 (FL DOR 2025 roll).
Do cash buyers compete in SPRING LAKE HILLS?
Cash buyers took 0% of SPRING LAKE HILLS sales in the 12 months ending June 2026 (0 of 13 closings, Stellar MLS).
Who is the best real estate agent for SPRING LAKE HILLS?
The best agent for SPRING LAKE HILLS is one who actively works ALTAMONTE SPRINGS and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for SPRING LAKE HILLS.
How do I find a top ALTAMONTE SPRINGS real estate agent who knows SPRING LAKE HILLS?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows SPRING LAKE HILLS and the wider ALTAMONTE SPRINGS area.
Can Momentum Realty connect me with an agent for SPRING LAKE HILLS?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your SPRING LAKE HILLS purchase or sale - no call center and no pressure.

Nearby Communities

Explore more neighborhoods near SPRING LAKE HILLS with Momentum Realty’s local guides.

Spring Lake Pointe Altamonte Springs0.5 mi awayAltamonte Heights Altamonte Springs0.7 mi awayARAltamonte Ridge Altamonte Springs0.7 mi awaySpring Valley Village Altamonte Springs0.8 mi awayMaitland Club Maitland0.8 mi awayAldean Gardens Altamonte Springs1.0 mi awayBarclay Woods 2Nd Add Altamonte Springs1.0 mi awayWeathersfield 1St Add Altamonte Springs1.0 mi away

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: August 2, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (9 streets, ZIP 32714))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2004 (127 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

Looking to buy here? Search homes for sale →

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CallFree valuation →
Thinking of selling in SPRING LAKE HILLS? 13 recorded closings; median 46 days on market (window ending 2026-08-02). See the Seminole County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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